Saturday, May 22, 2010

1956 Wheat Cent

Do you have a cent and want to know its value? Leave a comment

Trying to catch up on some back log of change finds I will go through the boring ones a little quicker.

This is just an ordinary 1956 U.S. cent that has some damage. The damage is enough to be barely above metal value but hey it's something.


Here's the stat for a 1956 penny....
Year: 1956
Mintage: 420,745,000
Metal: 95% copper 5% tin and zinc
Value: G-4 $0.03
------VG-8 $0.05
------F-12 $0.08
------VF-20 $0.10
------EF-40 $0.12
------AU-50 $0.15
------MS-60 $0.25
------MS-63 $0.35

G-4 is worn with lines in the wheat head missing.
VG-8 has half of lines visible in upper wheat heads.
F-12 has wheat lines worn but visible.
VF-20 no worn spots on wheat heads.
EF-40 has slight overall wear, all details sharp.
AU-50 slight wear on cheek and jaw and wheat stalk.
MS-60 is no trace of wear, light spots, full details.
MS-63 no trace of wear, slight blemishes, red-brown color.

Note the value in all grades will not make anyone retire early.


Do you have an old penny and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

34 dollars worth, for Comments/Questions click here.:

Kelly said...

Retire early, no, but its always neat to find something that is worth 35 times its original value...

Man said...

Yeah but it would better if that starting value was $100.

r0wsbu said...

I have a question about a 1961 D Lincoln cent that I found. It seems to have several backward impressions. I scanned it and can see a deep impression TSURT next to the TRUST a partial date running through Lincoln's head and up through the "W" in we, as well as other impressions through his jacket/shoulder. The coin itself is pretty rough looking, but still it is a curiosity.

r0wsbu said...

Oh, the question was--would it have any collectible value? I just started collecting coins and this is my first very curious coin.

Anonymous said...

I have a 1943 S steel penny from World War 2.It was graded extra fine. What is it worth?

Man said...

1961 D Lincoln cent that I found. It seems to have several backward impressions. I scanned it and can see a deep impression TSURT next to the TRUST a partial date running through Lincoln's head and up through the "W" in we, as well as other impressions through his jacket/shoulder.

This sounds like a Die Clash error it is a common error and it generally has no extra value but often nice examples sells for about $1.00.

Man said...

1943 S steel penny about $0.40

r0wsbu said...

Hi Man, and thanks for your response. I asked this question on another forum--and was able to post a picture of it. The administrator of that forum told me that someone put two coins together and smashed it with a hammer. I guess people do odd things, and I guess copper is softer than I thought it would be.
It's still an interesting find for a newbie--at least I'm looking!!!

Man said...

I asked this question on another forum--and was able to post a picture of it. The administrator of that forum told me that someone put two coins together and smashed it with a hammer. I guess people do odd things, and I guess copper is softer than I thought it would be.

This is possible which is why die clash coins are not valuable they are very easily faked.

Anonymous said...

Have you ever heard of a 1941 D penny missing the word in from the phrase in God we trust?

Man said...

1941 D penny missing the word in from the phrase in God we trust

Sounds like a struck through grease error, no extra value just about $0.10.

Anonymous said...

i have a 1911 liberty head nickel with a straight clip across the top could you tell me if this is valuable

Man said...

1911 liberty head nickel with a straight clip across the top

About $1,200.00 in extra-fine if verified.

Man said...

Oh I forgot to add if the clip is 15% or more.

If less than 15% it would be about $400.00.

Anonymous said...

So i was going thru my pockets and i found a 1956 penny. doe it have any value to it because i believe its real copper from the sound that it makes when i drop it on a table compared to a newer penny.......commnets please

Man said...

1956 penny. doe it have any value to it because i believe its real copper

Yes it is 95% copper and as you see in the original post in good it's about $0.03.

Henry@parros.com said...

I have a 1949 Lincoln with a die crack starting at the U in trust and coming down through the S and the middle of the T. Not sure how to post a picture.

Man said...

1949 Lincoln with a die crack starting at the U in trust and coming down through the S and the middle of the T. Not sure how to post a picture.


Pictures are cannot be posted here by the public instead you can just drop a link from an outside photo hosting site. That said a picture is not needed.

The die crack error does not add any value, about $0.10.

Anonymous said...

I have a 1956D that seems to have a very high ridge around the coin. Is that standard for wheat pennys? It is tarnished but not worn.

Man said...

1956D that seems to have a very high ridge around the coin. Is that standard for wheat pennys? It is tarnished but not worn.

Not normal but not rare.
Varieties on the rim is common, no extra value.

Anonymous said...

I have a 1944 S wheat penny and a plain 1944 wheat penny and i was wondering is it rare and whats the value? Thanks

Man said...

1944 S wheat penny about $0.10
1944 wheat penny about $0.05

Anonymous said...

I have a 1979 penny that has the 1)"LIB" missing in the liberty.2)In God We Trust is missing.3)The "9" is fading out. Is this worth keeping?

Man said...

1979 penny that has the 1)"LIB" missing in the liberty.2)In God We Trust is missing.3)The "9" is fading out.

Sounds like a Struck through Grease error or damage, either way no extra value.

Anonymous said...

hi im lilly living in mexico i have a 1955,1956,1963,and a 1966 would like to know how much they are worth it im interested in selling them all

lilianna said...

hi im lilly living in mexico i have a 1955,1956,1963,and a 1966 penny would like to know the price on them i would like to sell them my email is navarrete.lilianna@yahoo.com or as beba navarrete at my face book thanx

Man said...

1955,1956,1963,and a 1966 penny

About $0.03 each

Bboyee said...

Hi I have a 1955 wheat penny and it is missing the in god in its writing, is this coin worth anything

Man said...

1955 wheat penny and it is missing the in god in its writing

Struck Through Grease error, no extra value.

Anonymous said...

Hello,

I have two Lincoln cents that appear to have errors. I identify them as a large cud over Lincoln's face(1956) and a possible fold over(1952) as the penny appears to have the indentation of another coin across the obverse. Is there any worth to these coins and can you identify them as error coins not altered coins ?

Peace, Julie

Anonymous said...

Hello,

I have two Lincoln cents that appear to have errors. I identify them as a large cud over Lincoln's face(1956) and a possible fold over(1952) as the penny appears to have the indentation of another coin across the obverse. Is there any worth to these coins and can you identify them as error coins not altered coins ?

Peace, Julie

Man said...

large cud over Lincoln's face(1956)
--Most are about $5.00

possible fold over(1952) as the penny
--These are more difficult to value without a picture since most are not true errors.

Here is a good link...
http://www.coinworld.com/articles/not-every-foldover-is-an-error-some-are-simpl

Anonymous said...

What about a "silver" 1956 wheat penny?

Man said...

What about a "silver" 1956 wheat penny?

Needs to be weighed if 3.11 grams or close it is a plated fake.

Any other weight may be a real error.